ITT Exelis realigns business divisions to focus on strategic growth
Night Vision and Tactical Communications Systems modified; Aerostructures business as a standalone
- By Mark Hoover
- Dec 20, 2012
ITT Exelis will realign its business operations to capitalize on operating efficiencies and increase focus on its strategic growth platforms, effective Jan. 2, 2013.
The company said that these reorganization efforts include the following:
Night Vision and Tactical Communications Systems will be composed from the combination of the night vision and communications businesses that were previously a part of other divisions.
The composite aerostructures business will be separated from its current division and operated as a standalone business area. ITT Exelis said that this move is to build synergies and customer focus.
“Overall, this realignment will allow our businesses to become more focused on their core areas of expertise, which will enable them to better develop and invest in new technologies, win new business and provide maximum customer value,” said David F. Melcher, Exelis CEO and President.
Mark Hoover is a staff writer with Washington Technology. You can contact him at email@example.com, or connect with him on Twitter at @mhooverWT.